How Splitkaro ensures that your friends return your money on time?
Lending a friend money and not getting it back is common, and let’s be honest, it isn’t pleasant. Money is a touchy subject, and most people would rather avoid talking about it. Your friend might owe you a fair amount, but somehow the network is always bad when you bring it up, or they always seem to have forgotten their wallet. So how do you make sure friends pay you back?
Usually we avoid the conversation and lose the money. And even when we do muster the courage to ask, it rarely goes well.
Everyone wants their money back, but nobody wants to start the awkward conversation. That’s where an app helps: Splitkaro keeps the numbers, so you don’t have to keep the score.
1. Proportional Split
Create a group, add the bills, and Splitkaro works out what each friend owes. When an equal split isn’t fair, split by amount, by shares, or item by item from an itemised bill. In India, you can also import Swiggy, Zomato, Blinkit, Zepto and Instamart orders and split them item-wise.
Splitting at the table in a restaurant is hard, and having a money conversation in the middle of dinner is harder. Splitkaro makes the split fair without anyone having to talk it through.
2. Avoid the Embarrassment
You can talk to your friends about anything, but money is different. Asking for it back can feel embarrassing.
With Splitkaro, you don’t have to ask in person. Tap Remind and Splitkaro sends the nudge for you, as a free app notification or, with Premium, an SMS. For regular costs like rent, set them up as Recurring Bills and Splitkaro sends reminders automatically until each share is marked as paid.
3. Ensures Transparency
When a bill isn’t split equally, people can wonder how the numbers were worked out. Splitkaro shows every member their exact share and what it was for, so nobody pays for items they didn’t order, and nobody has to remember the details later.
4. Extremely Time Effective
Nobody wants to spend an evening working out who owes how much. Imagine dividing every item of a monthly Swiggy Instamart grocery order by hand! Splitkaro does the maths in seconds, so you put in less time and still get it right.
The Features That Get You Paid Back
Here’s what helps you get your money back:
- Remind: nudge a friend with a free app notification, or an SMS with Premium.
- Balances at a glance: see who owes you and how much, in every group.
- Settle Up: when a friend pays you back, by cash, UPI or bank transfer, record it and the balance clears for everyone.
- Simplify Balances: fewer payments needed to settle a group, on by default.
- Recurring Bills: rent and other monthly costs added automatically, with reminders until each share is paid.
- Activity: a clear record of every expense, payment and change.
- Group Chat and comments: talk about an expense right where it’s logged.
- Flexible splits: equally, by amount, by shares or item by item.
With Splitkaro, managing group money and getting paid back is far less awkward, so your friendships stay smooth and your money comes home.